Market Outlook

Stocks of U.S. soybeans at the end of the current marketing year are expected to be at an eight-year high, according to a University of Illinois agricultural economist. In addition, the current South American soybean harvest is estimated at a record 6.066 billion bushels, 378 million bushels larger than the 2014 harvest and 710 million bushels larger than the 2013 harvest. The USDA projects Sept. 1, 2015, stocks of soybeans in South America at 2.